The EIU view

Andrés Manuel López Obrador is the most powerful Mexican president in a generation. Still, he faces a challenging economic outlook owing to weak investor confidence amid policy uncertainty under his administration, the health of Pemex and uncertain trade relations with the US; the US president, Donald Trump, will gear up anti-Mexico rhetoric in the run-up to the 2020 election, further worrying investors. Growth will slow markedly in 2019 and 2020.